$1.5 Billion of Unclaimed Tax Refunds Are About to Expire

“If people don’t claim their unclaimed tax refunds before the final filing deadline, what happens to the money?

If a taxpayer does not claim their tax refund, the unclaimed funds will remain in the General Fund of the Department of the Treasury. The General Fund is used to finance the US government’s daily and long-term operations and management.”

Read more from Eric Chaimowitz in “$1.5 Billion of Unclaimed Tax Refunds Are About to Expire” on MoneyGeek.com here.